Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes Thursday. The S&P 500 was down 0.6% in morning trading after setting all-time highs in each of the last two days.

NEW YORK — U.S. stocks crept to a record as the S&P 500 nudged higher after a quiet Tuesday of trading. The main measure of Wall Street’s health rose 0.2% to finish just above its all-time closing high, set last month. Most of the stocks within the index rose as it danced around the milestone through the day.

Wall Street held relatively firm following President Donald Trump’s latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while.